There are Free Lunches Statement of Intentions
There are Free Lunches: Behavioral Clues to Live Happy in the Economic World is a blog that intends to present updated and relevant information about the "hidden" and only recently uncovered dimensions of the economic science: the behavioral factors. With this blog we intend to promote in Europe and in the rest of the World, the top research articles and perspectives on behavioral economics, decision making, consumer behavior, and general behavioral science. We aim to be followed by journalists, academics, managers, civil servants, and everyone who wishes to improve their daily interaction with the economic world and consequently, their lives' happiness.
Thursday, 8 March 2012
CO2 #3 Is Your Language Making You Broke and Fat? (via Psychology Today)
Keith Chen, an economist from Yale, makes a startling claim in an unpublished working paper: People's fiscal responsibility and healthy lifestyle choices depend in part on the grammar of their language.
Here's the idea: Languages differ in the devices they offer to speakers who want to talk about the future. For some, like Spanish and Greek, you have to tack on a verb ending that clearly marks future time—so, in Spanish, you would say escribo for the present tense (I write or I'm writing) and escribiré for the future tense (I will write). But other languages, like Mandarin, don't require that their verbs be escorted by grammatical markers that convey future time—time is usually obvious from something else in the context. In Mandarin, you would say the equivalent of I write tomorrow, using the same verb form for both present and future.
To see how economists are broadening their method: LanguageBrokeFat